There are different cash drawer products that can be found in the market. This article list the pros and cons of each of them.
Types of Cash Drawers
We assess these types of cash drawer products:
- Classic cash drawer
- Cash drawer with balance counters
- Smart cash drawers (SCD)
Classic Cash Drawer
- Pros:
- +economic (~60 €)
- +small
- Cons:
- -employee has access to money
- -automatic note/coin classification
- -closing is manual
- -discrepancy are not detected until closing
- -does not detect fake notes/coins
Cash drawer with balance counters
- Pros:
- +closing is automatic
- +discrepancies are detected for each transaction
- +warns about discrepancies
- +-average price (1.200 €)
- Cons:
- -employee has access to money
- -automatic note/coin classification
- -unable to detect some fake notes/coins
Smart Cash Drawer (SCD)
- Pros:
- +closing is automatic
- +discrepancies are detected for each transaction
- +employee does not have access to money
- +client may put money him/herself
- +warns about discrepancies
- +security
- +rejects fake notes/coins
- +automatic note/coin classification
- Cons:
- -Expensive (6.000-12.000 €)
- -Big size